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The Guardian - US
The Guardian - US
Business
Guardian staff and agencies

Paramount Global receives $4.3bn takeover offer from Edgar Bronfman Jr

Edgar Bronfman Jr Paramount Paramount Global Skydance Skydance Media Shari Redstone CBS Hollywood MTV National Amusements
water tank with the paramount pictures logo
Paramount Global is the conglomerate behind Paramount Pictures and TV networks including CBS, Nickolodeon, MTV and the UK’s Channel 5. Photograph: Mario Anzuoni/Reuters

The veteran media executive Edgar Bronfman Jr has submitted a multibillion-dollar takeover offer for Paramount Global, according to reports.

The entertainment conglomerate behind Paramount Pictures, the storied Hollywood movie studio, and TV networks including CBS, Nickelodeon, MTV and the UK’s Channel 5, last month agreed to a blockbuster merger with the independent film studio Skydance Media.

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